Parknav

Sector

Transport Tech/ Smart City

Parknav helps drivers to find a place to park with its GPS turn-by-turn voice-guided parking navigation, predictive analytics, machine learning, and crowdsourcing. Its App is available on both iOS & Android platforms. It uses bright green, dark green, orange, and red colors to denote high, good, fair & low chance of finding parking. Parked locations are saved in the App so as to find the car later. Parking predictions can also be integrated with onboard system navigation of the car. The company also provides services to real estate & car rental companies in parking. The App currently works in 40 U.S. cities & 30 German cities.

Practice Area

Automotive and Parking Analytics

Operational Area

Underwriting and Risk Management

Business Model

Software as a Service

URL

https://parknav.com

Core Technology

Automotive Artificial Intelligence

Funding Stage

Seed+

Acceleration

Startupbootcamp Smart Transportation